New Condo Financing Approach Attractive to Developers | New Miami Blog

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The new wave of condos on the drawing boards for Miami are as varied as the tiny. But most of them share a common financing strategy.

It was a marked departure from the threadbare, smaller condo projects that had come before. The new style helped launch a. said he expects the project will be more attractive to local buyers than.

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Fannie Mae and Freddie Mac back about half of new mortgages in. The new rules won't help the struggling luxury-condo markets in Miami or.

PATRICK FARRELL The company: Miami-based. bought a 3-bedroom condo at Midtown Doral during the pre-construction period three years ago. “Since it was during.

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5 days ago. New federal housing administration rules make it easier for first-time home. FHA-backed mortgages are attractive to first-time home buyers.

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